All Outdoor Industry Compass articles in Volume 15, Issue 8+9 – Page 7
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News briefsLycra partners with Browzwear to accelerate digital transformation
The Lycra Company has announced a partnership with Browzwear, the Singapore-based 3D design technology provider. The partnership is meant to provide garment designers using Browzwear’s VStitcher and Lotta platforms for 3D fashion design the ability to quickly and easily develop products incorporating fabrics containing Lycra, Lycra T400, and Coolmax fibers. ...
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News briefsCotopaxi hires chief people and impact officer
Source: Cotopaxi Grace Zuncic Cotopaxi has hired Grace Zuncic as its first chief people and impact officer. Zuncic brings decades of experience to the organization and will drive strategic people-centered practices and impact-driven initiatives by leading the People and Impact teams of the certified B Corp company. ...
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News briefsKomoot adds several new languages
Outdoor app Komoot is offering a native-language experience in several new local outdoor and cycling communities in developing markets, effective immediately. Adding the five new languages – Japanese, Korean, Polish, Brazilian Portuguese and European Portuguese – brings the total number of languages available to its 27 million-strong global community to ...
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News briefs
Aquafil and Genomatica advance to pre-commercial production for plant-based nylon-6
Aquafil and Genomatica have been collaborating to produce pilot-scale quantities of plant-based nylon-6 and have announced that they have now successfully completed the first demonstration-scale production runs. This will help determine the final design of future commercial plants and constitutes a step closer to the commercialization of the material. Plant-based ...
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News briefsMerrell’s ReTread take-back program rolls out in Europe
Merrell’s multi-year sustainability initiative “This Is Home,” launched earlier this year in the U.S. and Canada, is now coming to Europe. To kick off the first year of “This Is Home,” Merrell is launching a multinational product take-back and resale program called Merrell ReTread to save 300,000 pairs of shoes ...
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News briefsEOG welcomes Snow Peak as a new member
Having already introduced Maloja as a new member of the EOG a few days ago, the European Outdoor Group has now announced that Snow Peak, an outdoor equipment and clothing company originally from Japan and already distributed throughout Asia, the U.S. and the U.K., but still relatively unknown in the ...
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News briefsRab and Lowe Alpine launch B2B platform for retailers
Rab and Lowe Alpine (both owned by Equip Outdoor Technologies Ltd.) have launched the Equip B2B Hub. The global B2B online portal bundles all retailer-relevant apps and services for day-to-day operations and strategic planning of orders. The services include: order management via Elastic access to the latest marketing and ...
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ArticleShimano sees strong demand for bikes in first half, fishing segment cooling down
Shimano reported a 22.4 percent increase in net income to 68,558 million Japanese yen (€491.6m) for the six months ended June 30. Operating income was 15.7 percent higher for the period at ¥80,909 million (580.2m) versus ¥69,922 million in the year-ago period. Pearl Izumi U.S. was excluded from the reported ...
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News briefsSilva with new distribution partner in Benelux
Silva, the Swedish manufacturer of compasses, headlamps and other outdoor equipment, has changed its distribution structure in the Benelux countries. Belgian distributor Hike-A-Way, founded in 1998, will take over the distribution of Silva products in the sports and outdoor channels (and related marketing activities) in the Benelux countries from Hombel ...
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ArticleAdventure tourism market to reach $1.009 trillion in size by 2030
According to a new report by Grand View Research, Inc, a U.S. market research and consulting firm, the global adventure tourism market – valued at $282.1 billion in 2021 – is estimated to reach $1.009 trillion by 2030, at a Compound Annual Growth Rate from 2022 to 2030 of 15.2 ...
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ArticleVaude sharpens proprietary Green Shape Standard with independent expert panel, plans external accreditation
German outdoor company Vaude has announced that its proprietary Green Shape Standard for environmentally friendly outdoor products has reached another milestone: An external advisory board of six renowned experts is now providing the outdoor company with expert advice on all Green Shape topics. The independent experts ensure that the criteria ...
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News briefsUSWE nominates Frisk for board of directors
USWE Sports’ nomination committee has proposed the re-election of Mats Jacobson, Martin Kössler, Jenny Graflind and Joel Eklund as ordinary members, Jacobson as chairman of its board of directors. Current board member Fredrik Carling has declined his re-election. In addition, Helena Nordman-Knutson and Patrik Frisk were nominated for election as ...
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News briefsItalmobiliare acquires Sidi Sport
Italmobiliare has invested in Sidi Sport, the iconic Italian brand specializing in cycling and motorcycling footwear. As per the terms of the agreement, 100 percent of the capital of Sidi Sport S.r.l. will be taken over by Italmobiliare for €66 million, in addition to the net cash held by the ...
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News briefsCake expands operations in Germany
Cake, the Swedish manufacturer of lightweight premium electric motorcycles and a member of the Scandinavian Outdoor Group (SOG), has announced the expansion of its presence in the German market. A local sales team is already operating in Berlin and a full-service CAKEsite is expected to open later this year. A ...
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News briefsMadhappy partners with Columbia for capsule centered around mental health
Source: Madhappy MH x Columbia Madhappy, a Los Angeles-based lifestyle brand “on a mission to make the world a more optimistic place,” unveiled its Summer 22 Outdoors collection in collaboration with Columbia Sportswear on July 19. The collection, first launched in 2021, is meant to “bring awareness ...
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News briefsPeli Products Germany GmbH acquires production capacity in Germany
Peli Products Germany GmbH, a subsidiary of California-based Pelican Products, Inc., a manufacturer of protective cases, temperature-controlled packaging solutions and portable lighting systems, has acquired the injection molding and rotational molding business of HVB Kunststofftechnik GmbH, which has been Peli’s manufacturing partner in Germany for 14 years. Since the partnership ...
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News briefsElan’s new solar power plant starts producing energy
Slovenian ski manufacturer Elan has finished installing its solar power plant at the headquarters in Begunje. As of now, the solar park consisting of 2,500 installed solar panels with a surface area of 5,000 sqm will provide an average of 12 percent of the company’s annual energy needs. According to ...
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News briefsMaloja joins EOG
Source: Maloja Klaus Haas , CEO Maloja German clothing brand Maloja, founded in 2004 and known for its respectful practices regarding people and nature, has joined the European Outdoor Group (EOG) as a full member. By joining, the Bavarian-based company, which mainly serves the bike, cross-country skiing ...
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ArticleMips withstands stock price decline with strong Q2 results
Thanks to continued strong sales in its Sport and Moto business units, helmet technology specialist Mips AB reported a 45.1 percent increase in sales in the second quarter of this year (and compared to April-June last year). The 206 million Swedish kronor (€19.77 million) earned also represents a new sales ...
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ArticleFrilufts drives Q2 growth at Fenix Outdoor as stores reopen
Fenix Outdoor International’s sales increased by one-third in the second quarter as the company’s outdoor retail segment (Frilufts Retail Europe) in Germany (Globetrotter retail chain) rebounded due to the reopening of stores following the Covid lockdowns. The company said sales for the three months to June 30 rose 29 percent ...
